For the current year, David has wages of $80,000 and the following property transactions:Stock investment sales— Long-term capital gain $ 9,000Short-term capital loss (12,000)Loss on sale of camper (purchased 4 years ago and used for family vacations) (2,000)What is David's AGI for the current year?a.$78,000.b.$89,000.c.$77,000. d.$76,000.e. None of these choices are correct.

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.